In Today’s Issue:

  • Need to Know DeFi Ecosystem Shifts

  • This Week in Hemi: Protocol Updates, Partner Highlight, and More

  • Community Spotlight

  • This Week’s Hemi Yield Opportunities

Scroll to the bottom for the answer.

Q: What was the original name Satoshi Nakamoto used for Bitcoin’s smallest unit before “satoshi” became standard?

Senate Advances Crypto Market Structure Bill

The U.S. Senate Agriculture Committee advanced the long-debated crypto market structure bill on a party-line vote, moving it forward in the legislative process but highlighting significant partisan division over how decentralized finance and stablecoin yield should be regulated. However yet to be resolved disagreements linger on how the bill fits DeFi protocols and reward structures into a regulatory framework.

Fidelity Launches FIDD Stablecoin on Ethereum

Fidelity has announced the launch of a new stablecoin, FIDD, on the Ethereum network. The news was regarded as a significant signal that large traditional asset managers are actively engaging with DeFi infrastructure.

Robinhood Plans Tokenized Stocks & DeFi Features

Robinhood has revealed plans to extend its crypto product lineup to include tokenized stocks with DeFi-style features, including 24/7 trading, self-custody, lending, and staking for these tokenized equity assets.

MinerFi and Backend Progress

Engineering work continues on MinerFi, with smart contracts now being integrated directly into the backend daemon. In parallel, the team advanced threshold signature systems and key resharing logic, strengthening the foundation for fast bridging and future MinerFi-enabled flows. 

ZK Proving Milestones

A major milestone was hit by generating full end-to-end zero-knowledge proofs for Hemi’s HVM Bitcoin state transition. Recent work focused on expanding test coverage, improving robustness, and modularizing the prover into a standalone daemon. Portions of the ZK stack are expected to be open-sourced in the coming weeks. 

Multi-Prover Security Strategy

Hemi is adopting a proof-diversity approach by supporting multiple ZK virtual machines. While initial releases will rely on a single production prover, ongoing work includes porting HVM proofs to additional ZK systems to reduce systemic risk and improve long-term security resilience.

Partner Highlight

DIA Oracles for hemiBTC price feeds enable BTC-backed DeFi applications on Hemi.

Learn more.

While the idea of digital gold may have helped institutional adoption, BTC’s potential within DeFi is more dynamic than that of legacy commodities.

Click for this week’s episode.

Join Hemi’s Discord and catch each Midweek with Max episode live.

Pool

APY/APR*

Asset

Begin Earning

SushiSwapV3 cbBTC-HEMI

45.15%

cbBTC, HEMI

SushiSwapV3 HEMI-USDC.e

41.18%

HEMI, USDC.e

SushiSwapV3 HEMI-USDT

39.52%

HEMI, USDT

SushiSwapV3 HEMI-hemiBTC

38.15%

HEMI, hemiBTC

SushiSwapV3 WETH-HEMI

36.95%

WETH, HEM

*APY/APR varies by strategy, custody jurisdiction, and market conditions.

A: The “Cent” was the original name Satoshi Nakamoto used for Bitcoin’s smallest unit before “satoshi” became standard.

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